Chicago hotel occupancy rate back to pre-recession level - Chicago Sun-Times

Chicago hotel occupancy rate back to pre-recession levelChicago Sun-TimesChoose Chicago said the growth in visitors resulted in hotel tax revenue hitting $100 million, up $25 million from 2011. Mayor Rahm Emanuel said the result shows that his multi-faceted approach to promoting the city is drawing people from around the globe.Chicago hotel occupancy back to pre-recession levelChicago TribuneChicago hotel occupancy highest since 2007Crain's Chicago BusinessMidday News Links: Hotel Occupancy Returns To Pre-Recession LevelsChicagoistDNAinfoall 6 news articles »

Grand Hyatt Denver hotel announces $28 million redesign - Denver Post

Grand Hyatt Denver hotel announces $28 million redesignDenver PostThe Grand Hyatt Denver hotel has announced a $28 million redesign, including renovations to the lobby and all 516 guest rooms and suites. The hotel, at 17th and Welton streets, is marking its 25th anniversary with the comprehensive makeover. Completion ...and more »

Excel Trust Announces Tax Treatment of 2012 Dividend Distributions

Excel Trust Announces Tax Treatment of 2012 Dividend Distributions SAN DIEGO, January 23, 2013 -Excel Trust, Inc. (NYSE:EXL), a retail focused real estate investment trust (REIT), announced today the tax ...

Hotel Commonwealth Gets New Ownership in $79 Million Deal - Patch.com

Hotel Commonwealth Gets New Ownership in $79 Million DealPatch.comBoston University sold its Kenmore Square Hotel Commonwealth to new ownership earlier this month, according to BU Today. Sage Hospitality and the investment firm Fundamental Advisors reportedly bought the 10-year-old hotel, its restaurants and its ...

Why Cominar Real Estate Investment Trust Is a Top 25 Dividend Stock

Cominar Real Estate Investment Trust (Toronto: CUF-UN) has been named as a Top 25 dividend stock, according the most recent Canada Stock Channel ''DividendRank'' report. The report noted that among the coverage universe, CUF.UN shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent CUF.UN share price of $22.37 represents a price-to-book ratio ...

Two Denver-area hotels spend millions on upgrades - Denver Business Journals

Two Denver-area hotels spend millions on upgradesDenver Business JournalsThe biggest project involves $28 million of capital improvements at the 27-story Grand Hyatt Denver, 1750 Welton St., including to the lobby, pool area, and the addition of a rooftop Skycourt with a tennis court and running track. "This isn't just a ...Grand Hyatt Denver $28 Million Redesign AnnouncedVirtual-Strategy Magazine (press release)all 4 news articles »

InnVest Real Estate Investment Trust Announces Monthly Distribution

InnVest Real Estate Investment Trust announced today that a distribution of $0.0333 per unit, payable on February 15, 2013, has been declared to the holders of record as at the close of business January ...

Colonial Properties Trust Announces 2012 Dividend Tax Treatment

Colonial Properties Trust , a real estate investment trust , announced today the income allocations of the company's 2012 dividend distributions on its common stock.

Pure Industrial Real Estate Trust increases size of equity financing to $60.6 million

Pure Industrial Real Estate Trust announces cash distribution for January 2013

MPG Office Trust Completes Lease Extension with Gibson Dunn & Crutcher LLP

MPG Office Trust, Inc. , a Southern California focused real estate investment trust announced that it has executed a five-year lease extension with Gibson Dunn & Cru

Pure Industrial Real Estate Trust announces $129.4 million of property acquisitions and $50.5 million equity financing

True North Commercial Real Estate Investment Trust annonce l'acquisition proposée de cinq immeubles

NE PAS TRANSMETTRE AUX FILS DE PRESSE AMÉRICAINS NI DIFFUSER AUX ÉTATS-UNIS True North Commercial Real Estate Investment Trust a annoncé aujourd'hui qu'elle avait...

True North Commercial Real Estate Investment Trust Announces Proposed Acquisition of Five Properties

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. True North Commercial Real Estate Investment Trust announced today that it has agreed to acquire (collectively, the...

Atlanta Marriott Marquis Sold for $293 Million - Hotel News Resource

Atlanta Marriott Marquis Sold for $293 MillionHotel News ResourceHost Hotels & Resorts, Inc. (NYSE: HST) announced that on January 11 Host Hotels & Resorts, L.P. sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293 million. The hotel is subject to a long-term management agreement with Marriott ...Host Hotels sells Atlanta propertyWashington Business JournalMarriott Marquis soldAtlanta Journal Constitutionall 40 news articles »

Louisville hotel industry generated nearly $355 million from tourists in 2011 - Business First of Louisville

Louisville hotel industry generated nearly $355 million from tourists in 2011Business First of LouisvilleIt's a no-brainer that tourism is important to the local hotel industry. But just how important is it? According to a recent study released by the Louisville Convention and Visitors Bureau, tourists spent nearly $355 million on lodging in 2011. Only ...and more »

Plans for $8.8-million Hotel Found Complete - Fenceviewer

Plans for $8.8-million Hotel Found CompleteFenceviewerPlans for $8.8-million Hotel Found Complete. Written by Robert Levin Thursday, January 10, 2013 at 8:59 am. font size decrease font size decrease font size increase font size increase font size; Print · E-mail. BAR HARBOR — Plans for construction of a ...

Plans altered for $22 million hotel at former auto site in Bloomfield - Tribune-Review

Plans altered for $22 million hotel at former auto site in BloomfieldTribune-ReviewChanges in the original plans for a new hotel at the former Don Allen AutoCity site in Bloomfield were outlined Tuesday at the City Planning Commission. The hotel project, estimated to cost $22 million, has been changed from the original plan described ...

Stone Brewing Co. Plans to Open $24 Million Hotel - Haute Living

Haute LivingStone Brewing Co. Plans to Open $24 Million HotelHaute LivingWith around 50 rooms, the $24 million hotel could have a bar where people check in and a tap in every room, and there will be two acres of outdoor space, perfect for wedding celebrations, according to Stone spokesperson Sabrina LoPiccolo, who spoke to ...

Room 77® Closes $30 Million Round to Accelerate Hotel Metasearch Platform - Marketwire (press release)

TnoozRoom 77® Closes $30 Million Round to Accelerate Hotel Metasearch PlatformMarketwire (press release)Based on internal analysis of more than five million hotel searches, Room 77 uncovered at least one lower price for travelers in two out of three searches, averaging $72 per stay. And, only Room 77 offers free Room Concierge™ service, which leverages ...Expedia leads $30M deal in hotel search startup Room 77GeekWireHotel Search Engine Room 77 Raises $30 Million From Expedia, OthersForbesall 21 news articles »

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Wednesday, January 23, 2013